BIGT vs. MAGS
Compare and contrast key facts about Roundhill Magnificent Seven ETF (BIGT) and Roundhill Magnificent Seven ETF (MAGS).
BIGT and MAGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BIGT is an actively managed fund by Roundhill. It was launched on Apr 10, 2023. MAGS is an actively managed fund by Roundhill. It was launched on Apr 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIGT or MAGS.
Key characteristics
| BIGT | MAGS | |
|---|---|---|
| YTD Return | 50.79% | 54.20% |
| 1Y Return | 61.69% | 65.35% |
| Sharpe Ratio | 2.60 | 2.65 |
| Sortino Ratio | 3.25 | 3.31 |
| Omega Ratio | 1.44 | 1.45 |
| Calmar Ratio | 3.57 | 3.66 |
| Martin Ratio | 11.58 | 11.90 |
| Ulcer Index | 5.57% | 5.57% |
| Daily Std Dev | 24.81% | 24.98% |
| Max Drawdown | -18.10% | -18.10% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between BIGT and MAGS is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BIGT vs. MAGS - Performance Comparison
In the year-to-date period, BIGT achieves a 50.79% return, which is significantly lower than MAGS's 54.20% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BIGT vs. MAGS - Expense Ratio Comparison
Both BIGT and MAGS have an expense ratio of 0.29%.
Risk-Adjusted Performance
BIGT vs. MAGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Magnificent Seven ETF (BIGT) and Roundhill Magnificent Seven ETF (MAGS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BIGT vs. MAGS - Dividend Comparison
BIGT's dividend yield for the trailing twelve months is around 0.29%, more than MAGS's 0.28% yield.
| TTM | 2023 | |
|---|---|---|
BIGT Roundhill Magnificent Seven ETF | 0.29% | 0.44% |
MAGS Roundhill Magnificent Seven ETF | 0.28% | 0.44% |
Drawdowns
BIGT vs. MAGS - Drawdown Comparison
The maximum BIGT drawdown since its inception was -18.10%, roughly equal to the maximum MAGS drawdown of -18.10%. Use the drawdown chart below to compare losses from any high point for BIGT and MAGS. For additional features, visit the drawdowns tool.
Volatility
BIGT vs. MAGS - Volatility Comparison
Roundhill Magnificent Seven ETF (BIGT) and Roundhill Magnificent Seven ETF (MAGS) have volatilities of 7.60% and 7.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.